Difference between revisions of "Order bias"
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(Created page with "'''Order bias''' refers to the change in selection that is related to the order in which offers are made. Anchoring upon initial offers and loss aversion coupled with a failur...") |
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Latest revision as of 20:15, 9 January 2013
Order bias refers to the change in selection that is related to the order in which offers are made. Anchoring upon initial offers and loss aversion coupled with a failure to adjust the frame of reference are said to lead to order bias.